Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A (MACGX) belongs to the Mid Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MACGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MACGX
MACGX charges 1.00% annually. There are 90 mutual funds in the Mid Cap Growth Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Small/Mid Cap Equity Index Portfolio | 0.02% | — | Aug 2015 | MACGX vs SSMHX | |
| Morgan Stanley Discovery Portfolio | 0.04% | — | Apr 2017 | MACGX vs MMGPX | |
| Fidelity Mid Cap Growth Index Fund | 0.05% | — | Jul 2019 | MACGX vs FMDGX | |
| Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.07% | 33.80B | Sep 2011 | MACGX vs VMGMX | |
| Vanguard S&P Mid-Cap 400 Growth Index Fund Institu... | 0.08% | — | Mar 2011 | MACGX vs VMFGX |
Best Risk-Adjusted Alternatives to MACGX
MACGX has a PortfoliosLab risk / return rank of 3. There are 140 mutual funds in the Mid Cap Growth Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Capital Opportunity Fund Investor Shares | 86 | 31.20B | Aug 1995 | MACGX vs VHCOX | |
| Needham Growth Fund Institutional Class | 80 | — | Dec 2016 | MACGX vs NEEIX | |
| Timothy Plan Aggressive Growth Fund | 79 | — | Oct 2000 | MACGX vs TAAGX | |
| Needham Growth Fund | 79 | — | Jan 1996 | MACGX vs NEEGX | |
| PrimeCap Odyssey Aggressive Growth Fund | 77 | — | Nov 2004 | MACGX vs POAGX |
Top Performing MACGX Alternatives (YTD)
MACGX is at 1.02% YTD. There are 139 mutual funds in the Mid Cap Growth Equities category with higher YTD returns, going as high as 44.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Needham Growth Fund Institutional Class | 44.25% | — | Dec 2016 | MACGX vs NEEIX | |
| Needham Growth Fund | 43.95% | — | Jan 1996 | MACGX vs NEEGX | |
| Kinetics Spin-Off and Corporate Restructuring Fund | 36.38% | — | May 2007 | MACGX vs LSHAX | |
| Timothy Plan Aggressive Growth Fund | 28.94% | — | Oct 2000 | MACGX vs TAAGX | |
| Kinetics Paradigm Fund | 24.23% | — | Dec 1999 | MACGX vs WWNPX |
Lowest Volatility Alternatives to MACGX
MACGX has 28.82% 1-year volatility. There are 154 mutual funds in the Mid Cap Growth Equities category with lower 1-year volatility, going as low as 10.71%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Mid Cap Fund | 10.71% | — | May 2021 | MACGX vs BBMIX | |
| Bright Rock Mid Cap Growth Fund | 12.31% | — | May 2010 | MACGX vs BQMGX | |
| JPMorgan Mid Cap Equity Fund | 12.71% | — | Dec 1996 | MACGX vs VSNGX | |
| Value Line Mid Cap Focused Fund | 13.50% | — | Mar 1950 | MACGX vs VLIFX | |
| Sparrow Growth Fund | 13.54% | — | Oct 1998 | MACGX vs SGFFX |
Lowest Drawdown Alternatives to MACGX
MACGX has a 1-year max drawdown of -27.55%. There are 156 mutual funds in the Mid Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -7.81%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Victory Munder Mid-Cap Core Growth Fund | -7.81% | — | Jun 1998 | MACGX vs MGOYX | |
| JPMorgan Mid Cap Equity Fund | -8.24% | — | Dec 1996 | MACGX vs VSNGX | |
| BBH Select Series - Mid Cap Fund | -8.89% | — | May 2021 | MACGX vs BBMIX | |
| Guggenheim StylePlus - Mid Growth Fund | -9.17% | — | Sep 1969 | MACGX vs SECUX | |
| Timothy Plan Aggressive Growth Fund | -9.26% | — | Oct 2000 | MACGX vs TAAGX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, CPOAX, EDD and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 4 | -5.26% | — | Apr 1991 | MACGX vs MSEQX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 4 | -1.62% | — | Jan 2002 | MACGX vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 40 | 15.59% | — | Apr 2007 | MACGX vs EDD | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | 1.18% | — | Mar 1990 | MACGX vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 4 | -5.79% | — | Apr 2017 | MACGX vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 4 | -1.49% | — | Jul 1997 | MACGX vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | MACGX vs DINDX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 4 | -5.39% | — | Apr 1991 | MACGX vs MSEGX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 100 | 1.78% | — | Apr 2016 | MACGX vs MUIIX | |
| Morgan Stanley China A Share Fund | China Equities, Asia Pacific Equities | 91 | 21.37% | — | Jul 2006 | MACGX vs CAF |
Often Compared With MACGX
Investors most often compare MACGX with VOO, ARKW, SPY. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare MACGX with Any Fund or Stock
Compare MACGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MACGX with funds that move differently
Morgan Stanley Institutional Fund Trust Discovery Portfolio Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MACGX.
Explore MACGX Diversifiers